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Mixed-Use

Fawn Trail Industrial Park

8812/8820/8823 Fawn Trail, Conroe, TX 77385

Listing Price: $3,900,000

Cap Rate
6.00%
Rentable SF
22,500
Lot Size
3.38 acres
Year Built
2005

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale a 100 percent leased stabilized fee simple interest in Fawn Trail Park. The 4-building office/flex complex is located at the corner of Fawn Trail and Donwick Drive, Conroe (Houston MSA), Texas. The Property is located on the North side of The Woodlands, Texas (www.visitthewoodlands.com), a major master-planned city and home to ExxonMobil’s world- wide headquarters. The Property is only 5 minutes from Interstate 45 North and only one minute to Highway 242 a major east-west highway on the south side of Conroe. Conroe, home to a 22,000-acre lake for recreation and residences, has been experiencing significant growth as The Woodlands and Conroe continue to grow. For a getaway weekend of fun and relaxation — Margaritaville Lake Resort, Lake Conroe | (www.margaritavilleresorts.com/margaritaville-lake-resort-lake-conroe) Houston brings the spirit of the islands to Lake Conroe, Texas. This waterfront paradise will transport you straight to the tropics, with 303 luxury suites, 32 waterfront cottages, and a tempting array of amenities. Visitors can enjoy a romantic retreat, a fun-filled family getaway, or an all-inclusive group destination. Conroe’s charming downtown provides an excellent destination for shopping and dining. Walk through brick lined streets and stop in a favorite boutique to select a gift before stopping in a locally owned eatery where you are likely to see a friend or two. This is the type of casual, friendly atmosphere that makes Conroe stand out as a destination for people in search of community. For those who wish to shop and dine outside the downtown Conroe area, there is also the Conroe Marketplace offering additional shopping and dining options. Grand Central Park, a master-planned community, (https://www.grandcentralparktx.com) offers residents the ability to live in a community with abundant hiking and nature trails and access to shopping and dining. And the nearby Woodlands Mall provides an incredible variety of shopping, dining and entertainment. Fawn Trail Park’s tenant base allows an investor not only a unique entry opportunity to invest in a stabilized office/flex park in the greater Houston MSA, but also realize an excellent Total Return of 10.83 percent from day one.

Investment Highlights

  • 100% Stabilized Occupancy
  • 75% of Tenants Have Leased for 10 Years or Longer
  • All Leases are NNN
  • Low Tax Rate of Only 1.9015/$100 of Assessed Value
  • Undeveloped Land for Additional Development & Income Stream to Increase Return

Exclusively Listed By

Mixed-Use

Fawn Trail Industrial Park

Listing Price: $3,900,000

Cap Rate
6.00%
Rentable SF
22,500
Lot Size
3.38 acres
Year Built
2005

Investment Highlights

  • 100% Stabilized Occupancy
  • 75% of Tenants Have Leased for 10 Years or Longer
  • All Leases are NNN
  • Low Tax Rate of Only 1.9015/$100 of Assessed Value
  • Undeveloped Land for Additional Development & Income Stream to Increase Return

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale a 100 percent leased stabilized fee simple interest in Fawn Trail Park. The 4-building office/flex complex is located at the corner of Fawn Trail and Donwick Drive, Conroe (Houston MSA), Texas. The Property is located on the North side of The Woodlands, Texas (www.visitthewoodlands.com), a major master-planned city and home to ExxonMobil’s world- wide headquarters. The Property is only 5 minutes from Interstate 45 North and only one minute to Highway 242 a major east-west highway on the south side of Conroe. Conroe, home to a 22,000-acre lake for recreation and residences, has been experiencing significant growth as The Woodlands and Conroe continue to grow. For a getaway weekend of fun and relaxation — Margaritaville Lake Resort, Lake Conroe | (www.margaritavilleresorts.com/margaritaville-lake-resort-lake-conroe) Houston brings the spirit of the islands to Lake Conroe, Texas. This waterfront paradise will transport you straight to the tropics, with 303 luxury suites, 32 waterfront cottages, and a tempting array of amenities. Visitors can enjoy a romantic retreat, a fun-filled family getaway, or an all-inclusive group destination. Conroe’s charming downtown provides an excellent destination for shopping and dining. Walk through brick lined streets and stop in a favorite boutique to select a gift before stopping in a locally owned eatery where you are likely to see a friend or two. This is the type of casual, friendly atmosphere that makes Conroe stand out as a destination for people in search of community. For those who wish to shop and dine outside the downtown Conroe area, there is also the Conroe Marketplace offering additional shopping and dining options. Grand Central Park, a master-planned community, (https://www.grandcentralparktx.com) offers residents the ability to live in a community with abundant hiking and nature trails and access to shopping and dining. And the nearby Woodlands Mall provides an incredible variety of shopping, dining and entertainment. Fawn Trail Park’s tenant base allows an investor not only a unique entry opportunity to invest in a stabilized office/flex park in the greater Houston MSA, but also realize an excellent Total Return of 10.83 percent from day one.

Exclusively Listed By

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